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Ballinger ISD board approves 2024-25 operating, food-service budgets and fund-balance actions
Summary
The Ballinger ISD Board of Trustees approved 2023-24 budget amendments, dedicated fund balance, adopted the 2024-25 operating budget for Funds 199 and 161, adopted the 2024-25 Food Service Budget (Fund 101), and passed resolutions on minimum and committed fund balances under GASB 54.
The Ballinger ISD Board of Trustees on Aug. 26, 2024 approved a package of budget actions including 2023-24 amendments and the district's 2024-25 operating and food-service budgets.
The board voted unanimously to approve budget amendments for the 2023-24 Official Budget and to dedicate parts of the 2023-24 fund balance as presented. Trustees then adopted the 2024-25 Official Operating Budget by fund and function for Funds 199 and 161 and separately approved the district's 2024-25 Food Service Budget (Fund 101).
Trustees also adopted a resolution setting a minimum fund balance for 2024-25 and approved a motion to commit the 2023-24 fund balance after final audited numbers are completed, citing GASB 54 as the authority for post-audit fund balance commitment. All motions on these items were made and seconded on the record and "Motion passed unanimously," according to the meeting minutes.
The actions consolidate the district's budget posture ahead of the new fiscal year and authorize staff to implement the adopted budgets and fund-balance commitments. No dollar amounts beyond fund identifiers (Funds 199, 161, 101) were detailed in the transcript; supporting attachments were referenced in the agenda packet.
